More than three-quarters of the first phase of new homes at the major £1bn regeneration scheme at Beam Park have been sold just a few months after its launch.
The project, which is a joint venture between developers Countryside and housing association L&Q, has sold 78% of the first set of homes since launching in May.
The properties have been sold to both buyers from the area, and those from across London and Essex, with a range of one to four-bedroom homes still available at the development.
The scheme, being built at the old Ford site in Dagenham and running across Rainham, will have more than 3,000 homes, with 50% affordable housing, providing one, two and three-bedroom apartments and three and four-bedroom houses.
Beam Park will also have a new railway station, medical centre, two schools, retail spaces, a gym, nursery and a multi-faith space.
Prices start from £273,000 for a one-bedroom apartment to £520,000 for a four-bedroom house with London Help to Buy available – making them appealing to first-time buyers, young professionals and families.
The homes have open-plan living spaces with natural light, and the kitchen and dining areas have integrated appliances and luxury flooring. The master bedrooms have fitted wardrobes and all homes either feature a garden, terrace or balcony.
A proposed new train station at Beam Park will be on the c2c route, connecting the scheme directly to Fenchurch Street station. There are good existing transport links already with Dagenham Heathway with access to the District Line, nearby Dagenham Dock station and residents will also benefit from quick access to the A13.
Stacey Mitchell, sales and marketing director, partnerships south (east) at Countryside, said: “With London Help to Buy available, we’re delighted that the new homes at Beam Park have already been so popular, helping first-time buyers to make that invaluable first step onto the property ladder, as well as allowing families to make their next step up.”
L&Q will be launching the first phase of shared ownership properties in autumn 2020 to aid first-time buyers and families get on the property ladder.
Claire Brenlund, sales and customer services director for the East region at L&Q, said: “Working with Countryside, we’re proud to be involved in making such an important contribution to London’s housing needs, meeting strong local demand by creating new homes in a wide range of tenures. We look forward to launching our Shared Ownership properties next year, to provide further assistance to first time buyers getting onto the housing ladder.”
The Beam Park marketing suite, on Cortina Drive, in Rainham, is open seven days a week from 10am to 5pm. For more information, call Countryside on 020 3733 1592 or visit www.beampark.com
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